ES Journal Archive (2006 - 2008)

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as sick as the economy is and some of the fed remarks its hard for me to see this market getting to much of a bounce up i guess i need to get rid of this short bias but the market just looks like it just wants to roll over and plumet downward.
 
Quote from Anekdoten:



Even intraday open and close, get rid of it too, worthless actually worse than worthless, a distraction.


Intraday price levels (rth open, close, high, and low) provide critical information. They are worthless only to those who choose not to use them. :)
 
Quote from speedtrader88:

Hi everyone.

I have been a long time reader, but this is my first post.
Small time trader here.

I would like to ask if B1S2 has written anything about his trading plan and method??

I see one previous post that somebody knows his method, but i have been reading about 30 pages of the thread to no avail.

I know that B1S2 uses combination of RSI, BB, and MACD.



Any link or anything.

Thanks and happy trading.

If your serious about knowing about B1S2 the first hundred-2 hundred pages should do it. Mostly it's just divergence strats using big time for trend signal and smaller time for entry diverg signal. Trail stop and repeat.

:D

JIM
 
Quote from PACMAN1:

as sick as the economy is and some of the fed remarks its hard for me to see this market getting to much of a bounce up i guess i need to get rid of this short bias but the market just looks like it just wants to roll over and plummet downward.

I'm with ya on getting rid of the bias. When trading technicals you have to have tunnel vision and ignore the negative noise you create for yourself and ignore all other outside noise as well.
 
I think IB is the only broker anyone should ever use.
I think position trading is the only type of trading a trader should ever pursue.
I think using 50K of account value PER contract is the only prudent way to trade ES.
I think a MINIMUM of 20 ES handles is the only useful size stop.
I think Anek has a serious problem, suggesting his methods are the grail, applicable to every trader every where.

Osorico :eek: :)
I also think regal is blackguard is an absolute genius and an outstanding trader! Now go away, you've received all the praise you are going to get.
 
Quote from regal_2012:

2 and a half points heat on this trade

a whole $112.50 per contract

wow.cant take it anymore.I need ur help guys...........

Where's your stop regal? Without a stop your trade is just like every other bogus internet trade. And by the way, your "trade" was the SPX, not the ES. You do have quotes on ES don't you? LOL.

OldTrader
 
Quote from Zodiac4u:

I'm with ya on getting rid of the bias. When trading technicals you have to have tunnel vision and ignore the negative noise you create for yourself and ignore all other outside noise as well.


you are so right, as osorico has often said trade what you see.
 
Don't forget that summer is not over yet.
School year is about to start.

That equals thin volume.

Where,

ES is still in daily downtrend
NQ is still in daily uptrend

That equals daily chart sideways - pulling back and forth between major levels.

We probably have to wait til mid Sep for a clear direction :)

For now, I prefer mid 50s level for long.
 
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